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Argue how intellectual property rights could be detrimental to businesses and their customers

User Alxcyl
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Intellectual property rights is very important to prevent any company from stealing and copying your product.

For example, let's say that you invented a new nanotechnology that could cure a lot of illness and started to see good sales coming to your pocket.
Without intellectual property right, a bigger company with a lot more equity could simply make the exact same product and beat you in the competition because they can make the product cheaper.
User MoritzLost
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